In this session, we will explore how to automate key financial processes within the General Ledger (GL) in Dynamics 365 Finance, including settlements, accruals, deferrals, and allocations. These processes are critical for accurate financial reporting and ensuring timely, precise accounting entries.

We will begin by discussing how to configure and automate settlement processes, ensuring that your GL transactions are efficiently matched and closed. Attendees will learn how to use the accrual functionality to recognize expenses and revenues over time, ensuring that financial statements reflect accurate figures regardless of when payments are made.

Lastly, we will dive into automatic allocation processes to distribute amounts across multiple accounts based on predefined rules and conditions, improving accuracy and reducing manual effort.

By the end of this session, participants will gain a deep understanding of the power of automation in Dynamics 365 Finance for simplifying complex GL processes, enhancing financial accuracy, and reducing administrative overhead. Best practices, tips, and common pitfalls will also be discussed to ensure a smooth implementation.